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Does AMEX card survive Chapt 7?

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  • Chowder
    replied
    Originally posted by HOMEBODY View Post
    Has anyone's AMEX card survive BK? or any other card.
    I had 3. Not only did they not survive. If they had, I'd still never use them.
    AMEX was the worst of the worst when it comes to collection calls. Neighbors, obscure distant relatives, they really go way beyond legitimate collection.

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  • readytofile
    replied
    Let me add that if you stop paying on all of your credit cards you'll have more than enough. If you plan on filing chapter 7, why continue paying your credit cards?

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  • readytofile
    replied
    Stop putting the money into your AMEX and start putting it into a savings account. Then you'll have the money you need to get through a month ;)

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  • HOMEBODY
    started a topic Does AMEX card survive Chapt 7?

    Does AMEX card survive Chapt 7?

    I have an AMEX card for my business that although I am late on, I have been making payments on. I now owe about $600 and will have zero balance by the time I file BK. It is not a corporate card and it is not on my credit report. If I dont list them, will they close out the account?

    I use this account to tie me up with monthly expenses such as office supplies and gas, etc. I dont go over too much, but right now with all the other credit cards that I am paying its been hard paying the monthly balance as agreed.

    Has anyone's AMEX card survive BK? or any other card.

    Thanks

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